Category: B2B Commerce

Pay for returns is becoming the new normal

Online shops often require customers to pay for returns because processing returns can be costly for the retailer. When a customer makes a return, the retailer has to inspect the item to make sure it’s in good condition, and then may have to repackage it for resale or dispose of it if it’s no longer in sellable condition. Additionally, there may be shipping and handling costs associated with the return, including the cost of sending the item back to the retailer and the cost of restocking or reselling the item.

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iDeal Acquired by EPI

iDeal acquired by European payment service iDeal is being acquired by the European Payments Initiative (EPI), a collaboration of European banks. Payconiq, the technology provider for iDeal, and Belgian payment service Bancontact are also being acquired. According to EPI, iDeal will serve as the foundation for a payment platform for the whole of Europe according to

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Top 10 e-commerce trends in 2023

The e-commerce industry has been growing fast in the recent years, and it shows no signs of slowing down at this point. However with the current unstable economic dynamics in certain segments of the market, we need to see how growth will evolve in 2023, average expected growthrate is about 5%. With technological advancements and changing consumer behaviors, e-commerce businesses must stay on top of the latest trends to remain competitive. In this blog, we’ll explore the top 10 e-commerce trends to watch in 2023.

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